David Sacks, Crypto Chief of the USA, Made a Statement About the Recent 'DeepSeek' Crisis!

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David Sacks, appointed as the chief of artificial intelligence and cryptocurrency by the new President Donald Trump in the United States, talked about the DeepSeek crisis originating from China.

As known, a Chinese software company has released a language model called DeepSeek and announced that it can keep its operations much lower than OpenAI, the company behind ChatGPT.

However, DeepSeek is thought to have a large stock of GPUs that cannot be sold to China under normal circumstances due to US sanctions.

With the sudden rise of DeepSeek, share prices of US technology companies plummeted today, dragging down the cryptocurrency market along with it.

The US crypto chief David Sacks said in his message on X that DeepSeek indicates that the AI race will be very competitive, and Trump's recent cancellation of the presidential order that prevented American AI companies shows that he was right.

Sacks said he trusted the USA in artificial intelligence, but they should not be complacent.

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